Similar Stories to Colorado Borrowers Sport The Biggest Mortgage “handcuffs” In The Country on Bing News

Nowhere does a bigger gap exist between the average mortgage rate borrowers are holding and what the market is charging than in Colorado, and that could create a bigger disincentive to sell, according to a study from U.S. News & World Report. The mortgage rate lock-in gap, also known as the “golden handcuffs,” is 3.45 points in Colorado, the largest of any state.

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